The Bridge Home

The Bridge Home

Sunday, May 9, 2010

Who Sold Short?

That is the question regarding last week's precipitous, half hour loss in value of Dow Jones Index stocks. The media do not ask and it appears as though authorities are not considering it. There is evidence, in the past, of stock manipulations relating to events like the assassination of President Kennedy and the September 11th attacks. The securities of United and American Airlines sell short leading up to the assault on the twin towers. This gets some media attention, but not much follow up. There is also evidence of price manipulation of agricultural commodities on the day of JFK's death. The subsequent short selling nets hundreds of millions for unknown gangsters. It is obvious that some with wealth and power have advance knowledge of these events and profit. Authorities must investigate situations such as last week's and bring those responsible to justice.

No comments:

Post a Comment